Nasdaq – Weekly Analysis

In this weekly Nasdaq Technical Analysis, we examine the evolving price structure, candlestick and momentum signals, Elliott Wave paths, and the key technical levels that could define the next phase. The central question is whether Nasdaq is simply pausing within the broader bullish trend—or beginning to signal that a more meaningful correction is developing. The goal is to identify the critical confirmation points and target areas before the broader market fully recognizes what may be coming next. CANDLES & TA: Nasdaq completed the week with moderately bearish signals on the daily and weekly frames. At the same time, the 15D close was likely a bullish consolidation, while the monthly frame is currently shaping as neutral to bullish. Under these conditions, with no confirmation of a potential top on any timeframe and bullish odds still relatively weak, the index has a better probability of continued horizontal development, possibly with another minor…